Data firm DDN, valued at $5 billion last year, eyeing new round

Data firm DDN, valued at $5 billion as of 2025, is reportedly considering a new round of funding to further expand its enterprise AI infrastructure capabilities. The company recently secured a $300 million investment from Blackstone, which valued DDN at $5 billion and marked the first external capital infusion in its two-decade history. This funding has already accelerated DDN’s growth trajectory, following a 400% increase in AI-related revenue in 2024.

DDN specializes in high-performance computing (HPC) and data intelligence solutions, serving a range of industries including financial services, life sciences, and AI hyperscalers. The firm’s platform integrates with NVIDIA’s AI Enterprise Platform and supports large-scale generative AI deployments, large language models (LLMs), and retrieval-augmented generation (RAG) systems. Its offerings include storage arrays and parallel file systems, and object storage solutions tailored for data-intensive environments.

With the global demand for enterprise AI infrastructure surging, DDN is positioned to capitalize on its expertise in scalable, secure, and high-performance data solutions. The company’s recent strategic moves and financial backing suggest it is preparing for further expansion, potentially through additional funding or partnerships in the coming months.